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Vacant Six-Unit Apartment Building
New
For Sale
$129,000

1430 8th St, Des Moines, IA 50314

Separate utilities are already in place for the property.

Property Size2,430 SF
Price / SF$53.09
Days on Market3

Property Features for 1430 8th St

General Information

Standard status Active
Size 2,430 SF
Property subtype Multi-Family

Units

Unit Mix 6 x 1BR
Multifamily Units 6

Additional Details

Utilities to Site Yes

Building Details

Year Built 1893
Listing Agency: Realty ONE Group Impact
Listed By: Crystal Arguello · License #S653305000
Source: Kwlegacyrealty
Added: Aug 9 Changed: Aug 10 Last Checked: Aug 10 at 9:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty ONE Group Impact

Investment Insights

Based on property information with market context.

Located at 1430 8th St in Des Moines, this apartment building contains six units and is fully vacant. The property was previously arranged as six one-bedroom residences and has been cleared for updates and future leasing. Separate utilities are already in place, and the building dates to 1893.

The property is near downtown Des Moines, with access to shopping, dining, and major employers. Its existing six-unit configuration provides a defined multifamily layout for renovation and lease-up planning.

Key Highlights

  • Six‑unit apartment building
  • Previously configured as six 1‑bedroom units
  • Fully vacant and cleared for updates

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Plumbing Service (Bike/Boat/Book/etc) Store Accounting Firm Kitchen & Bath Showroom Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,176
Businesses Nearby

Demographics for 50314, IA

11,764
Population
4,780
Households
2.5
Avg Household Size
31
Median Age
15%
College-Educated
72%
High-School Grad
2.5 sq mi
ZIP Area
4,706
Density / Sq Mi
$38,511
Median Household Income
$30,314
Median Earnings
$977
Median Rent
$146,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Separate utilities are already in place for the property.
Where is this apartment building located?
The property is located at 1430 8th St Des Moines, IA.
What is the asking price?
The asking price for this property is $129,000.
What are key features of this property?
This property features: Six‑unit apartment building; Previously configured as six 1‑bedroom units; Fully vacant and cleared for updates
More about this property
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